The &#34;Bitcoin craze&#34; has evolved into the &#34;MSTR craze&#34;!Recently, the stock price of MicroStrategy (MSTR), the &#34;leading Bitcoin company,&#34; has surged, with the company's market value approaching $89 billion, more than twice the value of its Bitcoin holdings. Since the beginning of this year, MSTR's stock price has increased by over 400%.<img src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/af92d367-7d7e-4665-9b33-45d1437f7d6f.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/af92d367-7d7e-4665-9b33-45d1437f7d6f.png"/>What is noteworthy is that MSTR's investors have shown extraordinary enthusiasm:<blockquote>These investors share MSTR meme images on social media, discuss trading strategies, and some even record podcasts analyzing MSTR's investment prospects. The &#34;Quant Bros&#34; podcast hosted by Jeff Walton and Ryan McGinnis specifically discusses investment opportunities in MSTR.</blockquote>Additionally, MSTR co-founder Michael Saylor has also become an idol.24-year-old software developer Aiden Perez turned an interview audio of MSTR co-founder Michael Saylor into a song, which has garnered over 200 plays on SoundCloud...The &#34;Irresponsibly Holding MSTR Long-Term&#34; group on social media platform X has 23,000 members, with one member, Clayton Lunce, stating, &#34;I found like-minded people&#34;...Lunce referred to Saylor as &#34;the Bruce Wayne (Batman) of Bitcoin&#34;—coincidentally, Saylor himself is happy to cultivate this image, as he posted a photo of himself in gladiator attire on platform X.However, some economists express concerns about MSTR's meteoric rise. Notable short-seller Andrew Left and Galaxy Digital CEO Mike Novogratz have both voiced unease about MSTR's current situation. Cliff Asness, co-founder of AQR Capital Management, even criticized the herd mentality among investors driven by social media in a 24-page academic paper.Analysts point out that the MSTR case represents the rise of a new generation of market influencers since 2020—similar phenomena have also appeared in companies like Tesla and Palantir Technologies. Peter Atwater, a lecturer at William &amp; Mary, believes that economic turmoil may make people more likely to follow figures who exhibit clear control and direction

MSTR

MSTR's investors have shown extraordinary enthusiasm, and MSTR co-founder Michael Saylor has also become an idol. Analysts point out that the MSTR case represents the rise of a new generation of market influencers since 2020—similar phenomena have also appeared in companies like Tesla and Palantir Technologies

- MicroStrategy's (MSTR) stock has surged over 400% this year, with a market value nearing $89 billion, more than double the value of its Bitcoin holdings.  
- Investors are actively engaging with MSTR on social media, sharing memes and discussing trading strategies, while co-founder Michael Saylor has gained a cult following.  
- However, some economists express concern over MSTR's rapid rise, citing the influence of social media on investor behavior and the emergence of new market influencers since 2020.

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